ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0414%/8h= +45.4% APRnext payment +$0.52 per $10,000 · paid last 24h +0.028%

Price spread now: Arcus against Aevo+0.133%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$450.447% of the position

Long on Aevo Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.041%+$4 on $10k

Price spread, last 3 days (all we have)−0.835%−$83 · spread now +0.133%, 7d avg +0.026%

Together, before fees−0.794%−$79 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Arcus is 0.108% dearer against Aevo than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.026%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.041% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ZEC-PERP	1,452.2	0.0104	pay 0.0013% / 1h	37m 32s	$36K	$362K	20x
Short	Arcus ZEC-USD	1,454.1	0.0518	get 0.0065% / 1h	37m 32s	$754K	$7.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee ArcusbpOrdersPrice spread, now +0.133%Rate

Funding earned: $87.03
Price spread: +0.133% → +0.026%: $10.76
Slippage, 4 orders: −$24.23
Fee Aevo: 8 bp × 2 orders: −$16
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $53.05
Costs to cover: 0.447%
Break-even: 2.7 days

Slippage from Aevo: live order book, 51 min ago; Arcus: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo live order book, 51 min ago	3.93 bp	16.8 bp −$17	28.4 bp −$284	42.5 bp −$4,254	doesn't fit
Sell Arcus live order book, 2 min ago	1.03 bp	4.2 bp −$4	8.8 bp −$88	doesn't fit	doesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3476%	1h	1,438.1	−0.970%	$33K	$275K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,451.1	−0.075%	$6K	$2K	10x	as long as short
Kraken Futures PF_ZECUSD	−0.0071%	1h	1,452.2	−0.004%	$17.7M	$44.3M	25x	as long as short
BloFin ZEC-USDT	−0.0066%	8h	1,450.7	−0.101%	$28.9M	$74.8M	75x	as long as short
Variational Omni ZEC	−0.0017%	8h	1,451.4	−0.056%	$45.5M	$32.1M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,452.2	+0.002%	$409K	$106K	5x	as long as short
Bybit ZECUSDT	0.0000%	8h	1,451.2	−0.069%	$268.8M	$675.2M	75x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,451.3	−0.064%	$898K	$5.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,451.8	−0.031%	$82K	$401K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,452.4	+0.017%	$591K	$1.3M	25x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,452	−0.013%	$5.1M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0013%	8h	1,452.1	−0.009%	$291K	$1.5M	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0033% / S +0.0069%	1h	1,452	−0.015%	$544K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0053%	8h	1,451.6	−0.044%	$172.1M	$1.35B	50x	as long as short
Gate ZEC_USDT	+0.0068%	8h	1,451.7	−0.033%	$49.1M	$186.6M	75x	as long as short
01 Exchange ZECUSD	+0.0072%	1h	1,452.6	+0.024%	$8K	$8K	5x	as long as short
Aster ZECUSDT	+0.0073%	8h	1,452.2	+0.001%	$15.3M	$34.6M	75x	as long as short
Ondo Perps ZEC-USD.P	+0.0082%	1h	1,451	−0.083%	$394K	$519K	5x	as long as short
Katana Perps ZEC-USD	+0.0094%	8h	1,452.2	+0.002%	$13K	$872K	10x	as long as short
Lighter ZEC	+0.0096%	1h	1,453	+0.056%	$18.7M	$54.0M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,452.3	+0.003%	$178K	$2.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,450.9	−0.090%	$60K	$37K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,451.3	−0.066%	$3.0M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,452.4	+0.016%	$752.0M	$489.4M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,452.2	−0.002%	$1.6M	$3.1M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,452	−0.014%	$660.8M	$2.53B	75x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,452.5	+0.020%	$895K	$33K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,452.2	−0.001%	$219.8M	$887.2M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,451.9	−0.018%	$103.6M	$56.6M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,451.7	−0.037%	$161.6M	$312.8M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,451.4	−0.056%	—	$6.8M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,452.7	+0.033%	$2.3M	$4.1M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,450.9	−0.090%	$487K	$9.7M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,452.1	−0.006%	$3.0M	$501K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,451.9	−0.021%	$706K	$607K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,451	−0.084%	$109K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,451.5	−0.049%	$297K	$2.0M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,451.5	−0.050%	$127K	$161K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,450.8	−0.097%	$441K	$493K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,454.6	+0.161%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,452.3	+0.003%	$219K	$4.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,450.5	−0.115%	$2.4M	$24.9M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,451.9	−0.023%	$3.7M	$5.3M	50x	as long as short
Phoenix ZEC	+0.0103%	1h	1,452.3	+0.009%	$4.6M	$1.6M	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,451.4	−0.052%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERPlong	+0.0104%	1h	1,452.2	long leg	$36K	$362K	20x
RISEx ZEC/USDC	+0.0219%	1h	1,452.8	+0.038%	$863K	$2.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0440%	1h	1,453.3	+0.075%	$3.7M	$11.4M	50x	as long as short
Aftermath Perps ZECUSD	+0.0447%	1h	1,452.6	+0.026%	$39K	$32K	10x	as long as short
Arcus ZEC-USDshort	+0.0518%	1h	1,454.1	+0.133%	$754K	$7.9M	10x
Lighter RH ZEC	+0.0736%	1h	1,454.4	+0.152%	$1.9M	$8.4M	10x	as long as short